Marijuana Legalization Measure Courts Billionaires for Vital Campaign Cash

Regulate Marijuana Like Wine, a marijuana legalization measure vying to get onto the November ballot, has only $80,000 in cash on hand, according to finance records. But in a poll released this week, it had potential support from 62 percent of likely voters — and that, ballot proponents say, is quite literally money in the bank.

“That shows funders we can win,” said Steve Kubby, a South Lake Tahoe marijuana activist and member of the Regulate Marijuana Like Wine's campaign committee. “Anytime you're polling over 60 percent, you command anyone's attention.”

And history just might be on RMLW's side: Those poll numbers are also close to where Proposition 215 was 16 years ago, before the nation's first medical marijuana laws were approved by a million vote margin in November 1996, Kubby noted. Those are also rosier numbers than 2010's Proposition 19 — which earned more votes than former Republican gubernatorial nominee Meg Whitman — enjoyed before its historic defeat.

It's still going to be an uphill climb: Organizers have 30,000 signatures thus far, a fraction of the 504,760 validated signatures from registered California voters needed to qualify Regulate Marijuana Like Wine for the ballot (closer to 750,000 or more are in reality needed, allowing for invalidated scribbles and other snafus). Nonetheless, the poll means several billionaires are at this moment crunching numbers and deciding whether to bankroll the initiatives, Kubby told SF Weekly Thursday.

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